Timing....When?
Date: Mon, 07/13/2009 - 11:02
When do I start receiving settlement offers from credit card companies?
The creditors generally call you for debt settlement only after
The creditors generally call you for debt settlement only after they consider it as a bad debt. Normally, the creditors consider a debt as bad if it is past due for over 6 months. Can you tell us when did you make your last payment towards the debt?
I think you need to wait for 3 to 4 months before you receive se
I think you need to wait for 3 to 4 months before you receive settlement offers from the creditor. However, if you do not receive any settlement offers, I think you should contact your creditors directly for settlement.
Can you tell me the credit card companies with whom you have accounts?
Bank of America....Chase...capital one....Us Bank...Juniper Biz.
Bank of America....Chase...capital one....Us Bank...Juniper Biz...GE capital